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- 24 Hours To Zivoe's Launch ๐ ๐ ๐
24 Hours To Zivoe's Launch ๐ ๐ ๐
Start Earning $ZVE Points Tomorrow August 22nd at 11AM EST / 3PM UTC!
You Heard That Right! Zivoe Launches Tomorrow ๐ ๐ ๐
Letโs dive into everything you need to know about Zivoe, our launch event (The Initial Tranche Offering), and how you can start earning $ZVE Points!
๐ค What Is Zivoe?
Zivoe is a Real World Asset (RWA) protocol thatโs disrupting the high-interest consumer lending market. We use DeFi to help people trapped in crazy high-interest loans (weโre talking 300% APR + ๐คฏ) consolidate and refinance their debts, so that they can pay them off and achieve financial freedom.
How do people get into these high-interest loans? Well, they donโt have another option. Typically these borrowers donโt have credit history or live in communities where there isnโt sufficient access to banking services. So their only option is to borrow money from alternative lenders (like payday lenders) that charge sky high interest rates.
That is until now! Starting tomorrow you can deposit stablecoins to Zivoe to help fund affordable loans to these underserved communities.
Want to learn more about Zivoe before our launch? Be sure to check out our documentation here.
๐ How Do I Participate (And Earn $ZVE Points)!?
The ITO will commence tomorrow August 22nd at 11:00 AM EST (3:00 PM UTC) and run through September 21st!
During the event, you can deposit stablecoins ($USDC, $USDT, $DAI, or $FRAX) to our Senior and Junior Tranche to start earning $ZVE airdrop points!
Airdrop Mechanics:
Depositing Stablecoins: During the ITO, users deposit stablecoins to the Senior or Junior Tranche. Deposits into the Senior Tranche yield 1 zSTT (senior tranche token) per stablecoin, while deposits into the Junior Tranche yield 1 zJTT (junior tranche token) per stablecoin. These tokens are claimable after the ITO concludes.
Earning pZVE Points: For each stablecoin deposited, senior tranche depositors are awarded 3 pZVE points, and junior tranche depositors are awarded 1 pZVE point.
ZVE Airdrop: At the end of the ITO, 5% of the total ZVE supply will be airdropped to participants based on their proportional ownership of pZVE points.
Yield: After the ITO concludes, you can stake your tranche tokens to start earning yield. The Senior Tranche earns up to 10% APR and the Junior Tranche earns up to 22% APR!
To learn even more about the event, check out our docs!
Ready To Participate? Great!
Hereโs a step-by-step guide that shows you exactly how to deposit.
And if you are a U.S. Person, hereโs a walkthrough on how to complete your KYC & Accreditation.
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